Press Releases

Revenues for Q1 FY 2014 declined to $226.4 million from $271.8 million in Q1 FY 2013 Net loss for Q1 FY 2014 was $23.8 million, or $1.22 per share, compared to net income of $3.7 million, or $0.19 per share for Q1 FY 2013 Q1 FY 2014 was significantly impacted by losses at Geoconstruction, higher corporate expenses, primarily from the Comp...

MISSION WOODS, Kan., May 8, 2013 (GLOBE NEWSWIRE) -- Layne Christensen Company (Nasdaq:LAYN) ("Layne" or the"Company") today announced the launch of the water transfer business within the Layne Energy Services Division. Layne is currently providing these services for its clients operating in the Permian Basin. Layne Energy Services was formed t...

Results of operations for FY Q4 2013 were slightly better than preliminary results issued in March 2013: Revenues of $229.7 million.   Net loss from continuing operations of $22.1 million, or $1.13 per share, which included non-cash impairment charges (net of income taxes) of $4.4 million, or $0.23 per share, related to an assessm...

MISSION WOODS, Kan., March 25, 2013 (GLOBE NEWSWIRE) -- Layne Christensen Company (Nasdaq:LAYN) ("Layne" or the"Company") is pleased to announce its partnership with Water For People, a global non-profit that is dedicated to developing sustainable and reliable drinking water resources and sanitation facilities for communities in Africa, Asia, Centr...

MISSION WOODS, Kan., March 6, 2013 (GLOBE NEWSWIRE) -- Layne Christensen Company (Nasdaq:LAYN) ("Layne" or the "Company") today announced that Layne Heavy Civil will design and construct a wastewater collection and transmission project for the Cudjoe Regional Wastewater System in Monroe County, Florida. The agreement was signed with the Florida Key...

MISSION WOODS, Kan., Dec. 6, 2012 (GLOBE NEWSWIRE) -- Layne Christensen Company (Nasdaq:LAYN) ("Layne" or the "Company") announced today that its Board of Directors has approved the relocation of the Company's global corporate headquarters from Mission Woods, Kansas to The Woodlands, a suburb of Houston, Texas. The move is expected to commence in s...

MISSION WOODS, Kan., Oct. 5, 2012 (GLOBE NEWSWIRE) -- Layne Christensen Company (Nasdaq:LAYN) ("Layne" or the "Company") announced today that on October 1, 2012 it sold all of the exploration and production (E&P) assets of its Energy Division to LR Energy, Inc., a portfolio company of Longroad Capital Partners III, L.P., for $15 million. Layne inte...

MISSION WOODS, Kan., Sept. 6, 2012 (GLOBE NEWSWIRE) -- Layne Christensen Company (Nasdaq:LAYN) ("Layne" or the "Company") announced today that Islamorada, Village of Islands, Florida ("the Village") has approved a design-build-operate contract with Reynolds Water Islamorada, LLC ("Reynolds Water") for a centralized wastewater system. The system wil...

MISSION WOODS, Kan., Aug. 23, 2012 (GLOBE NEWSWIRE) -- Layne Christensen Company (Nasdaq:LAYN) ("Layne" or the "Company") announced today that Chief Executive Officer Rene Robichaud will commemorate Layne's 130th anniversary by ringing the Opening Bell at The NASDAQ Stock Market on Thursday, August 30, 2012. Mr. Robichaud will be joined by members ...

MISSION WOODS, Kan., June 19, 2012 (GLOBE NEWSWIRE) -- Layne Christensen Company (Nasdaq:LAYN) ("Layne" or the "Company") announced today that it has acquired the remaining 50% interest of Costa Fortuna Fundacoes e Construcoes Ltda ("Costa Fortuna") that it did not previously own. Layne acquired its initial 50% interest in Costa Fortuna in July 201...